Reinsurance News
Reinsurance broking news
Reinsurance broker news, analysis and insight, covering reinsurance broker market trends and opportunities.
Reinsurance brokers have a core role to play in the market, so we frequently cover news related to their activities and also interview senior reinsurance broking executives as well.
Willis Re appoints Edward Torres as Structured Risks & Legacy broker
12th October 2018
Willis Re, the reinsurance arm of international broker Willis Towers Watson, has appoint Edward Torres as Structured Risks & Legacy broker. As a member of the Financial Advisory team, Torres will operate out of Willis Re’s New York City office and will focus on the placement of prospective structured reinsurance solutions ... Read the full article
SSL Endeavour announces dual broker appointment
12th October 2018
Specialist independent Lloyd’s broker SSL Endeavour Group today announced the appointment of Caroline Devane and Geoff Rowland as Director for Property & Specialty Lines, and Director for Property, respectively. Devane has over 15 years’ experience in the sector at Bell & Clements Limited, where she rose to become a Senior Broker ... Read the full article
Chairman of LIIBA welcomes Lloyd’s post-brexit claims commitment
12th October 2018
The Chairman of the London and International Insurance Brokers' Association, Roy White, has welcomed Lloyd’s announcement that the market will honour valid claims in the event the UK leaves the European Union with no transition or implementation period. White stated that LIIBA welcomes the publication of the Lloyd’s statement of ... Read the full article
Willis Towers Watson appoints Technology Sales Leader for ICT in Americas
11th October 2018
Global insurance and reinsurance broker Willis Towers Watson has appointed Marisa Ruscitto as Technology Sales Leader for its Insurance Consulting and Technology (ICT) business in the Americas. Ruscitto joins Willis Towers Watson from Risk Management Solutions (RMS), where she most recently served as Managing Director and led a global sales team ... Read the full article
Hurricane Michael will be absorbed by ‘well-capitalised’ market: WTW
11th October 2018
Global re/insurance broker Willis Towers Watson has stated that the company is closely monitoring hurricane Michael as it continues to tear through the southeastern United States. However, it says that, even if Michael were to reach the $20 billion range in losses, the abundance of capital in the insurance industry would ... Read the full article
Allianz Global Corporate and Specialty makes dual broker appointment
11th October 2018
Allianz Global Corporate & Specialty SE, Allianz Group’s specialist carrier for corporate insurance business, has appointed Lee Brewer and Harriet Tiplady as Senior Broker Relationship Manager and Broker Relationship Manager, respectively. Based in London within the Market Management team, the pair will have responsibility for pipeline and relationship management with major ... Read the full article
Pamela Thomson-Hall named Head of CEEMEA region, Willis Towers Watson
10th October 2018
Global insurance and reinsurance broker, Willis Towers Watson, has announced the appointment of Pamela Thomson-Hall as the Head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region. At the same time, Thomson-Hall has also been appointed Head of Corporate Risk and Broking (CRB) for the CEEMEA region, and starts both ... Read the full article
RFIB names Elizabeth Jenkin as Managing Director of Client Solutions
9th October 2018
Global Lloyd's insurance and reinsurance broker RFIB Group Limited has announced the appointment of Elizabeth Jenkin as Managing Director of Client Solutions. Jenkin joins RFIB from Aon where she has worked for the previous 18 years, most recently serving as Chief Broking Officer for EMEA. She has a total of 24 years’ ... Read the full article
Evolving terror threat challenges the entire value chain: Guy Carpenter
8th October 2018
The rapidly evolving nature of the global terror threat is proving challenging to the entire re/insurance value chain, according to reinsurance broker Guy Carpenter, although the industry is well placed to meet its demands head on. The Marsh & McLennan Companies subsidiary claimed that now more than ever, brokers and underwriters ... Read the full article
Abundant capital driving nat cat resilience & innovation: Aon
5th October 2018
Despite huge insured losses in 2017 an ongoing abundance of capital means the industry’s capacity to meet and operate profitably in the face of natural catastrophe is not only stable, but growing, according to Rohan Dixon, Executive Vice-President and Chief Broking Officer at Aon, Canada. In its latest market report, Aon ... Read the full article
Maritime industry unprepared to deal with global issues, reports Marsh
5th October 2018
The global maritime industry is not prepared to deal with major issues that are likely to impact it over the next ten years, according to senior maritime stakeholders surveyed in an industry report backed by global insurance broker and risk adviser, Marsh. The report examines the impact and likelihood of 17 ... Read the full article
Marsh makes senior leadership appointments within captive business
4th October 2018
Global re/insurance broker Marsh has announced two senior leadership appointments within its Marsh Captive Solutions business. Julie Boucher takes direct leadership of the company’s Bermuda, Cayman, and Barbados captive offices as Islands Practice Leader, a newly-created role effective January 1, 2019. Boucher, who has been with Marsh for 30 years, will relocate ... Read the full article
AFL appoints JLT Re’s Julia Moretti as Director of Casualty
2nd October 2018
Independent Lloyd’s broker AFL Insurance Brokers has announce the appointed of Julia Moretti as Director of Casualty. Moretti joins from JLT Re, where she served as Partner and Senior Casualty Producer in the Facultative Division. She brings to the role 18 years of market experience, nine of which were spent at United Insurance ... Read the full article
Willis Towers Watson acquires French broker Dero Courtage
2nd October 2018
Insurance and reinsurance broker Willis Towers Watson has announced the acquisition of Dero Courtage, a risk advisor and insurance broker based in the French region of Normandy, for an undisclosed consideration. Headquartered in Le Havre, Dero Courtage specialises in corporate risks and the protection of executives. Following the acquisition, the business will ... Read the full article
Ed appoints head of Treaty & Facultative team for Singapore
2nd October 2018
Ed, the global reinsurance, wholesale and specialty broker, has strengthened its Treaty and Facultative team in Singapore with the appointment of Tommy L. Co as Executive Director, effective immediately. Co has 35 years of re/insurance industry experience and joins Ed from ERGO Insurance Singapore, where he most recently served as Chief ... Read the full article